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'm jeff glor. >> glor: g plenty of violence recently that can't be explained and it got no easier today. in this case, the victims were erlunteers responding to an anrgency call on christmas eve. onr firefighters were shot. police say they were lured by a whn who was simply looking to ookinor kill them. tonight in webster, new york, just outside rochester, two of ,hose firefighters are dead, two are wounded. we begin with jim axelrod. >> reporter: just after 5:30 this morning, the volunteer firefighters in webster walked right into an ambush. >> we are being shot at, multiple firemen down. multiple firemen shot. i am shot. >> reporter: two of them were killed instantly. >> i'm pretty sure we have two d.o.a.s. >> reporter: gerald pickering is the police chief in webster. >> it does appear it was a trap that was set for first responders. >> reporter: police at the scene exchanged shots with the gunman, 62-year-old william spengler, who was barricaded on a berm near the house. the gun battle meant the fire could not be fought. seven homes were destroyed. an armored vehicle removed two of t
." >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis charlie rose. gayle king and norah o'donnell are off. >>> on the ground and in the air on this busy day before christmas, there's trouble. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east threatening to cause problems all week long. anna warner is at dallas/ft. worth airport. anna, good morning. >> reporter: we're seeing a steady stream of travelers on their way to destinations. things on the west coast have cleared up. no major flight delays out there so far, but people heading to other holiday destinations may encounter some trouble. that's because this fast moving storm is heading over the rocky mountains and is expected to drop a lot of snow on the midwest as it heads to the northeast. travelers may see problems. those hoping for a white christmas will get their wish, but they may be stuck seeing santa in the airport. >> we don't want to spend christmas at laguardia. >> reporter: more than 5,000 flights were cancelled this week as snow smothered
"cbs this "cbs t >>> welcome to "cbs this morning." i'm jeff floor. there is travel trouble across the nation and on the ground in the air on this busy day before christmas. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east, threatening to cause problems all week long and anna werner is at dallas-ft. worth international parent. good morning. >> reporter: good morning, rebecca and jeff. we receive a steady stream of travelers coming in here at the dallas-ft. worth international airport but some across the country could have some problems if they're still on their way to their holiday destinations. that's because that fast-moving storm is coming over the rocky mountains and is poised to dump a lot of snow on the midwest as it moves to the northeast. those hoping for a white christmas will get their wish but they may be stuck seeing santa in the airport. more than 5,000 flights were canceled this week as snow smothered the midwest. drivers didn't fair any better as heavy accumulation clogged roadways and buried cars. >> i wish i had my reindeer.
in utah, where warren jeffs is still considered a praophet. authorities' concerns are growing. gary tuchman investigates just ahead. e'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! [ male announcer ] yes, it is. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >>
to be the potential for tornadoes in the southeast and meteorologist jeff berardelli of wfor has more. good morning, jeff. >> good morning, rebecca. already getting active out there, especially in parts of texas and louisiana. severe thunderstorm warnings are ongoing. the reason for it is right now we have a lot of energy in the atmosphere and what that's causing is the potential for a widespread severe weather outbreak. winds out of the southeast and winds out of the southwest and that causes spinning in the atmosphere or wind sheer. this is a powerful system. a lot of the thunderstorms are going to become rotating super cell thunderstorms. we expect probably a lot of tornadoes and some of them could be on the strong side during the day today. >> all right, jeff, merry christmas. thanks so much. >>> christians around the world are celebrating the birth of jesus. pope benedict delivered his annual christmas day message talking about what he called the slaughter in syria. earlier he talked about the need for god in a technology-driven world. and crowds packed manger square in be
of those problems that come with that. here this morning with more on that is jeff berardelli meteorologist at our station in miami. good morning to you, jeff. >> good morning to you seth and good morning to you, everybody. you know this is turning out to be a pretty significant system. we've already had three inches of snow in parts of kentucky. it's moving east into central pennsylvania as well in fact. as we zoom into the radar you see heavy snow. into the southern tier of new york moving into buffalo. what's going to happen with this system is the main low is going to transfer its energy to the coast and that is going to become the primary storm that's going to rise up the eastern seaboard and probably pretty significant places below. but even the major i-95 cities like new york, philly and boston will see significant snow from this. >> what happens here? how much worse is it here than in the rest of the country? >> well, you know, this storm was fairly weak before nowhere near as strong as the last one was. this is finally getting its act together. >
to bring these jobs back. >> what do you think about jeff immelt's article where he says i'm bringing jobs back to america makes more economic sense. >> he was bringing jobs back to america. i wasn't prepared for this quiz this morning. i can tell you from memory, he brought a bunch of jobs back in lexington, kentucky. >> he is stoned. >> get lexington, kentucky out. >> do you feel like we do? we're going to kick out with frampton after he's done with this answer. >> he brought back a bunch of jobs at lexington, kentucky but at much lower wages. >> what kind? >> it was appliance jobs. >> they have the huge apply hans city down there and all these massive buildings and their own zip code and one building after another closed down. he's starting up one assembly line after another. are they going to get paid $30 an hour? no. >> here's the point. how do you have a ro best recovery when you have wage compression, people who made $30 an hour making $14 an hour. how do you grow an economy like that. >> the point is do we want these jobs building in germany or alabama. want them in lexington, kent
this break. first, take a look at metals. we are back after this. ♪ two. lori: jeff flock in the pits of this cme. jeff: we have a number of factors running today. i don't think any of them have to do with the fiscal cliff. you can see for your self the volume. there is tumbleweeds going through the pits. i will show you reasons why oil is off today. they all have to do with the middle east. suspended production with baghdad over prices. iran, to prices of military exercises. military exercises starting there today. that makes the oil market very jittery. you can see a little thin here. everything from wti to brent to gasoline futures to heating oil futures. we have a lot of cold weather coming in. a much more need for heating oil and the like. i didn't hear in that ad room. trading volume is light. tracy: so cool. jeff flock, thank you for doing that for us. [talking over each other] lori: as we do every 15 minutes, we chuckled the markets. nicole petallides on the floor of the new york stock exchange. nicole: a lot of down arrows. zynga is really bucking the trend. it is up 3.25%. i
pregnancy to the public. those are some of the day's major stories. now, back to jeff. >> brown: and to egypt. within the last 24 hours the country has seen the worst violence since president mohamed morsi was elected in june. seven people were killed and more than 600 hurt during overnight clashes in cairo outside the presidential palace. we have a report from jonathan rugman of "independent television news." >> reporter: last year, they ousted a dictator. last night, they turned against one another. religious and secular egyptians fighting outside the palace of their first freely-elected president. after riot police gave up keeping the two warring sides apart. seven people were killed and hundreds were injured. both sides were armed with clubs, but eyewitnesses said the first gunfire came from president morsi's supporters. the president's opponents let off fireworks. but they say they won't back down until the president gives up sweeping new powers or resigns. this morning, the army moved in. not to mount a military coup, but to defend a president they would once have jailed f
soon. >>> up next, general partner jeff jordan is sounding a warning to traditional retailers and all investors need to hear this one and outrage across the web about instagram's plan to sell your photos that you post. we'll get to the bottom of this. stay with us on it. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morn 24 hours. zero heartburn. >>> welcome back. states a
city of kansas in my home state. officer jeff athalate fatally shot while on duty, investigating drug activity occurring inside a vehicle outside a neighborhood grocery store. as they approached the vehicle and orbded the okay -- ordered the occupants to get out the gunmen took the lives of both officers. when we lose someone in a community in kansas, it's not just a name. it's somebody we go to church with. it's somebody we know and care about. these individuals are that to their friends and family in topeka and across our state. david had been part of the topeka police department for 21 years. he spent 13 years as a reserve officer and 8 years as a full-time officer. his service tkphot begin as a police officer. he served in the kansas national guard and recently retired. police chief ronald miller described david as someone who served his life to his country and to the city of tow pea kafplt david's service was a model to others including his son brandon who followed his dad's footsteps and served the topeka community as a police officer himself. the second officer -- jeff -- was 2
read ready to help more, but no more wounded came. jeff glor is at the hospital. >> reporter: scott, two of the children who were taken here died. it's our understanding that one patient is still being treated tonight. when this happened, they had four trauma teams ready but, as you mentioned, one of the most heartbreaking realizations here is that the hospital realized most of the victims would never even leave the school. we spoke with dr. john murphy, who was coordinating coverage this morning. >> well, i was in the emergency room when we got the call that there would not be any more victims coming. and that was a devastating call to get and the room fell silent when we shared the news and there was a moment of deep grief recognizing what that meant. >> reporter: that most of the victims couldn't be saved. >> that's correct. >> reporter: scott, this is the main hospital in a small town so they're not only dealing with the fact that they were treating these victims but that many hospital employees knew the families and knew some of the children involved. the hospital has been offe
forward and chase what matters. jeff tedford two weeks ago.. dykes guided louisiana techo an impressive 9-3 record int bulldogs had >>> cal has reportedly hired sonny dykes to be the new cal football coach after fire jeff tedford. he guided louisiana tech to a good record. the bulldogs score 5 1.5 points per game. mike macintyre interviewed but there was no interest. first sign of a long seven-game road trip for the warriors beginning in detroit. warriors an early lead. harrison barnes golden state up by 10. they had a two-point lead at halftime and they klay thompson exploded from downtown. then thompson wings it with five in the 3rd quarter alone. can i have an update, please, on the score? 94-83. that's live. exclusive update. how much time is left? three minutes left in the game. we'll update as warrants develop. >>> the debate continues on who should be the 49ers starting quarterback. clearly jim harbaugh isic maaing his decision week by week. >> we have faith and trust in colin and the way he has played and, you know, therefore, another start this week. >> colin kaepernick's fumbl
. we've got michelle franzen on the scene, clint van zandt, psychologist jeff gardeer. we have nbc white house correspondent chris tin welker. we've got larry johnson, the president of the national association of school safety and law enforcement officials and james johnson, baltimore county police chief. first we go for an immediate update to my msnbc colleague, michelle franzen. michelle, thank you for staying with us tonight. >> well, hi, chris, we're here in the newtown area of connecticut, just nearby a couple of miles from sandy hook elementary where the shooting, tragic shooting, took place earlier today. at this hour, hundreds of rez dents are gathering at a nearby catholic church for a vigil. holding a prayer for those who have lost their lives today, those youngest lives, anywhere between kind eergarten and four grade where those student were shot today. they're holding a prayer vigil and trying to comfort the families that they were told lost their loved ones in this town. it's a small new england town in this area. a very rural area in the central part of connecticut he
. that's the best since sep '04, 77 basis points. rick, all yours. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what we call it in the pits. four to six year. right now we certainly have seen a big move in the ten-year. looking at the 30 year, should see a rise in the 30 year. at the end of the day people comfortable out of washington, the bond, long end of the curve, people are selling. >> thanks so much. we'll be back with you in a little bit. sue. >> bob pisani showed us the home builder stocks. one of the reason they are moving, there was good news for the economy. home builder sentiment moving to strongest level since april '06. national association of home builders rose to 47 from a revised 45 in november. keep in mind despite eight months of gains, the confidence index still remains b
at louisiana tech three years compiling a 22-15 record. he will replace jeff tedford. a news conference to announce this new choice is expected tomorrow. in berkeley. >> and we're only on the half hour tonight[@:/pu:q of the raiders day special at 6:30. >> let's check in now with larry beil for a look at what he has coming up. >> thank you, looking ahead to the game against denner, what darren mcfadden is saying about the showdown with peyton manning and the broncos. and this is not exactly quaint but they love it. ground zero for raider fans. deep end of the black hole, just ahead when mike shumann joins me as we get set for tomorrow's game. >> good stuff. >> thank you. >> and that is this edition of abc 7 news. >> we'll see you soon everyone. thanks for joining us. dkx ñ
the conditions are terrible. >>> all right, let's bring bring in jeff for the weather, what is the latest on the storms? >> it's in the earn part of the country. we're expecting the severe weather threat to shift to the east today. i want to punch this full so you can see it. that's where the shrms are, on the northern and western side of this storm we have a raging blizzard. we're expecting almost a foot of snow there, and snow is now moving into northern parts of virginia. >> what about into the rest of the week? >> this storm will start to translate northeast ward and will be a headache for most of the earn half of the country. first things first, let's talk about the severe weather today. today, it's in earn parts of georgia, north carolina south carolina, and there is a moderate risk for severe weather. that means we could see tornadoes in this area once again. as far as snowfall that strip of blew is between six and 12 inches of snow but it's towards upstate new york with lake enhanced snow one to two feet of snow wind gusts up to 40 miles per hour and a huge
're getting an end of the year bounceback in that group. i look four to be in oracle. let's go to jeff in wisconsin. jeff. >> hey, how are you doing? a big booyah from mill milwaukee, wisconsin. >> exact -- whenever i say it's a speck, you got to accept the consequences it can be up big or down big. that is the case with eaxs. that is the case with the lightning round! >> coming up, well furnished? the housing hangover seems to be on the mend as u.s. home sales continue to pick up. but if you thought you missed the chance to play the rebound, think again. cramer is talking to the ceo of ethan allen to see if their investment here could help up get comfortable. and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and bein
. i prefer you to be in oracle. let's go to jeff in wisconsin. jeff. >> hey, how are you doing? a big booyah from mill milwaukee, wisconsin. txes? >> whenever i say it's a spec, you got to accept the consequences it can be up big or down big. that is the case with exas. that is the conclusion of the lightning round! >> coming up, well furnished? the housing hangover seems to be on the mend as u.s. home sales continue to pick up. but if you thought you missed the chance to play the rebound, think again. cramer is talking to the ceo of ethan allen to see if an investment here could help you investment here could help you get comfortable. ential for making or losing money >>> right now we got a bull market in all things related to housing, especially housing related retailers. when i see a housing related retailer selling off, i smell opportunity. ethan allen interiors, a purveyor of highest quality home furnishings with free interior design services. ethan allen has been benefiting. the stock is giving you 72% since i initially got behind in in july of 2010. a lot of analysts didn't lik
. not only did 2012 help but i think 2013 will be even better for them. >> i'm wondering, jeff, a lot of the headwinds that bill just mentioned, the regulatory environment and very low interest rates which squeezes their margins, are any of these things going to clear up and go away in 2013? >> well, i think one of the reasons that you are seeing the big banks doing well coming into year end isn't so much that those things are lessening but they are better equipped to handle it. right now with the regulatory and the net interest margin pressures, scale and efficiency is more important than ever and the money center banks have it. it's a matter of whether they can deliver it. they have the scale and starting to see them deliver the efficiency so cost management is a big thing that helps them. also they have businesses away from the traditional banking, net interest lending, and capital markets, could see some pretty strong numbers next year and the money center banks, they are shrinking their liability footprintson so on a funding cost side they have a lot of advantages that a lot of o
ruled that lynn could legally take aris back to scotland despite her father's objection. jeff is a u.s. army sergeant that served in afghanistan. he says aris shouldn't be with her mother because lynn has a drinking problem. >> personally i don't think that somebody with an issue, an alcohol issue like that, can take care of a child. you know, definitely on their own. >> reporter: as evidenced jeff points to this 2010 police video where lynn was charged with disorderly conduct. but lynn says it was an isolated incident after a night out. >> i had too much to drink, and i apologized to the court, you know, when i was taken to court. that's no reflection on me as a mother. i wasn't drunk in charge of my child. >> reporter: it's a classic he-said-she-said. >> i believe he set me up. >> reporter: lynn accuses jeff of unwanted controlling behavior, including a plot to get her deported. >> he called the police on me on the 24th of december, christmas eve, and i was removed from the house. i was taken to jail. >> reporter: something jeff denies. >> how could i get her deported? how is that
. jeff merkley is right after this. ah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> all right, we're talking about the latest in the fiscal cliff or we should say, fiscal curb drama in washington. i want to talk to you, jamelle, about where, maybe, the democratses are coming from others. we were talking about this in the last segment about how the game changes on january 1st. if there's no deal and inaction, there's a lot of leverage it would seem that president obama would have. all the bush era tax rates go away. polls suggest republicans will be blamed more than democrats with if we go over the curb so to speak. is there a real incentive here for democrats to say, let's just not make a deal today? >> i think the only incentives for democrats not to make a deal, to wait for us to go over the curb, to wait for us to repeal the bush tax cuts or moving i
. >>> should you get in now or will it continue to slide at $5.07? liesman's exclusive with jeff lacquer, who is at odds with his fellow fed policymakers. keep it right here. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to phot
ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what they are really talking about is giving you the right to work for less money. >> alison kosik. >> what's the latest on the protests? >> protestsers starting to gather behind me. signs in hand, even the infl
capital. good to see you. jeff, make the case. you're looking at the charts. how do you like ups versus fedex? >> maria, i think you have to look at the longer-term chart, and if you look at the ten-year period, the true leader is federal express. it's up 76% versus the 24% that ups is. that's where you find the leaders. now let's take a closer look and look at the micro view of this chart, and we go to the year to date chart, and if you see a year to date, trading within a range, between 84 and 94, and what's going tonight difference. what's going tonight difference to push this to go higher, the catalyst, right. we wanted to see it go above $94 a share and the catalyst is going tonight international markets. we've seen some clarity over there, and you've seen a really -- fedex's international numbers have to increase, and that's the catalyst right there. >> jeff, they are both international. it depends on where you want to play. i like ups better because it's got a 3% yield versus a less than 1%. i think about half a percent yelled for fedex and still in a low return environment. if y
>> that's jeff singing "hallelujah." alan light, the book explores the unlikely journey from obscurity to modern day hymn. it's great to have you on the sh show. >> thanks for having me. >> first of all, tell us how that happened. >> it happened over a long period of time. leonard cohen first reported "hallelujah" in 1984. his label turned down the album it was on. it came out to no notice at all. and over the course of 10, 15, 20 years, more people discovered this song. jeff buckley recorded it in 1994. after jeff buckley's death it got more notice and then people started to pick up on the magic of this song, put it in soundtracks, on tv shows. more and more people recorded it. >> it's everywhere. >> wainwright is nothing short of extraordinary. >> it was on the soundtrack to "shrek" one of the key moments in getting this out there. there are now 350-some recordings of this song and thousands more performances by bob dylan and u2 and, you know, everybody all around the world knows this song. >> but it almost didn't happen. it languished in obscurity. >> first when leonard was writing
of the top names in music. as jeff glor reports, the cause hits home for many of them. >> i've never seen anything remotely close to what hurricane sandy was. >> reporter: sandy was a worth-case scenario storm. millions lost power, thousands lost homes, and over 130 people lost their lives. new jersey new york and connecticut were the hardest hit. they're also home to some of the biggest names in music. >> i was here during the storm. it was scary. >> to witness my city and the tri-state area really going through something where nobody could control it. >> this was just complete and entire buildings washed away into the sea. >> reporter: 121212, the concert for sandy relief at madison square garden is being called one of the biggest music events of all time. >> we called bruce springsteen and paul mccartney and they said yes immediately. >> reporter: the last time producers managed to bring this many big names together, it was after 9/11. ♪ i've seen the lights go out on broadway ♪ >> reporter: 121212 has already raise third degree $2 million in sponsorship b
: next up is jeff in pennsylvania on our line for republicans. jeff, you are on the line with the "washington journal." caller: i am in massachusetts, not pennsylvania. i do not think you will get a compromise from anyone unless we go over the cliff. i am a point of getting a big deal done. i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some trouble with his innocence. let it go over and let all the serious players in congress get a deal done. when people start playing the best paying a lot more money and moving their defense -- start paying a lot more money and moving their defense contracts, people will pay attention. guest: this is the interesting thing to me about the a
of united states taxpayers' money dropped on the senate next thursd thursday. >> alisyn: he wants to -- jeff sessions is saying the real fiscal cliff deadline should be when the lawmakers return from break, thursday. if the deal is not proposed by then, there won't be enough time to review and ratify it. we can't afford to vote on a deal without thoroughly reading it first. well, is a serial killer on the loose this morning in michigan? there are new concerns being raised because police just made another gruesome discovery in a drain pipe. this is the second time in four months that they've found human remains there. police have now sent the remains to a lab in texas. and the investigators want today determine if the retains matched body parts which belonged to an unidentified female. one of the president's biggest backers on capitol hill, the progress of election day on immigration reform, in a new interview, democratic illinois congressman gutierrez says, quote, it's great that eva longoria is it out there meeting with the president, but maybe meeting some of the immigrant community to pol
santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in light of what we know is going to be a different kind of year? >> well, one reason that you've seen the runup is a lot of the uncertainty seems to be to be working away. the banks are making the changes to live in this post basal 3 dodd/f
trust. >> versus one term tea party type jeff landry. >> we are the conservative candidate in this race, we're out there looking for people who are interested in sending conservative leadership to washington. >> without objection, the gentleman recognized for one minute. >> they are victims of a political version of the game of musical chairs. redistricting forced two sitting congressmen to compete for one seat. neither reached the 50% mark november 6, so state law sends them into a runoff, and that sends third district louisianans to the polls again this week. >> enough is enough. >> they voted identically 92% of the time in more than 1500 recorded votes. now they are locked in a nasty second round election fight. >> if we don't get rid of those people who fail to solve the problems and continue to kick the can down the road we're going to go nowhere in this country. >> the candidates and outside groups spent a combined $6 million so far, the costliest house race in louisiana. >> mr. landry did go negative early. we had to defend our voting record.
jeff. >> i think putting the staff together is about young people, old people, optimistic people, mess mystic people. i think you want a lot of those bases covered. so old grouchy guys and young optimistic guys have an ability to work very well together. >> he is really excited. this is a job that he has wanted and really sees the future that it can be and so as the days went on, we get a little nervous and antsy but we're just really blessed to be here and feel like it's such a wonderful opportunity. >> it's been a whirlwind but we'll look at it back as the best 48 hours of my life. >> wait until he sees the real estate prices. who knows, maybe he will be the next jim harbaugh. long before he was leading the 49ers, he faced a life changing fork in the road. do i want to be a football coach or actor? >> whoo! >> hi,everyone? >> hope i'm not too late. >> he played the cousin of screech in the tv series "saved by the bell." the cameo didn't come out without a lesson to america's youth. i spoke to him about his acting career this morning. is it true he released tapes from the tv show jus
it a whole lot worse, say nothing of sigourney weaver and jeff daniels in "newsroom" and "downton abbey." >> our a favorite. thanks so much. >> a plug for "homeland" very quickly. great show. >> "homeland." >>> that does it for this edition of "andrea mitchell report." >>> tomorrow, joe lieberman and jeffrey goldberg joining us. >>> tamron hall has what is next on news nation. >> in our next hour, signs that efforts to avert are the fiscal cliff may be headed in the wrong direction. we will play out the day. >>> and with no talks currently planned between the president and house speaker boehner, are leaders now starting from scratch at this point in the game? we will talk to house budget committee member gwen moore. >>> and americans have some harsh words for our elected leaders. we will dig deep near the nbc news poll. and gonna find out which words folks used when they thought about the republican party and when they described democrats. quite interesting. we are up in three. something m? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk ch
for worldwide aging population. i expect ge to be very upbeat. i think jeff immelt's going to tell a good story. some of that's because the company just boosted its dividend by 12% today p. you don't do that if you're doing poorly. the meeting will be the most talked about event of the day, maybe even the week other than the fiscal cliff. next up, oracle reports on tuesday after the close. i normally like oracle going to earnings. i heard so many rumblings of a better than expected quarter that it makes me nervous given the stock rallied some 25% on the year. the quarter's got to be lights out or we can see beatdown. wednesday morning we get a result from the exact opposite of oracle's general mills. nothing like -- this one just kind of goes up a little bit each quarter, delivers superior returns over a long period of time. and allows you to sleep at night. general mills hasn't done anything of late. but do you pocket that fine dividend, hold on, leisurely ride. stephanie link and i were talking about the stock last night. she's the co-director of actionalertsplus.com, my charitable trust. it'
for treasuries in the first quarter. i think that could be very comparable to how it looks in 2013. >> and jeff cleveland, let me ask you the same question in terms of allocating capital and your expectations for the new year. >> i think i agree that the economy doesn't fundamentally change at midnight on 12:31. so we're not worried about a recession. what we are worried about is people expect a deal to get done and they think we'll have a surge of economic growth. and we don't expect that either. growth will remain moderate. interest rates remain low. and the real big picture is a shortage of safe assets. there's only so many government bonds out there keeping slemts low. we like the ig credit so sector and we like high yield bopds. that's where you'll see your opportunities for income for the year. >> okay. so are you going to be doing -- are you going to be doing dividend payers? >> i think you look anywhere you can get income. dividends are good. the key here is what's the big picture and story. it's a shortage of safe assets. the fed and all of their actions in the last ten days have just
most popular and respected members, senator jeff bingaman of new mexico. when jeff came to this body 30 years ago, he had already led a life of accomplishment created in small-town new mexico, silver city. he was an eagle scout, graduated from harvard college, stanford law school, where he met his future wife, ann. while at stanford, he worked in senator robert f. kennedy's campaign for president. at the age of 35, he was elected new mexico attorney general in 1978. and four years later at the age of 39, elected to the united states senate. during his three decades in this body, jeff bingaman has been a classic workhorse senator as opposed to being a show horse senator. he is truly remarkable and distinctive among senators for his willingness to shun the limelight and share the credit in order to get important things done for his state and for this country. senator bingaman has been a much valued colleague of mine on the health, education, labor and pensions committee, but he has really made his mark in the senate a lasting mark in his role as chair of the energy and natural resources c
is shopping. you just saw the updated numbers that came out this morning. >> well, jeff, yes, i'll concede its most recent quarter was not profitable, but it's been a profitable company. not nearly as much as a lot of folks would see and there's a reason. they have been taking market share and doing it in the cloud. use the cloud streaming services of amazon which is indicative of what an important player amazon is becoming in that field as well. it's an expensive stock. you're paying an astronomical p and still a dominant player in e-commerce and one of the new areas where it's dominant is the iphone this year. >> two companies we've been following very closely this year. thanks for joining us on "talking numbers." see you later. happy holidays. mandy? >> a quick look at what's happening with the markets right now. the do you is just hitting flat with the down side barely moving at this point. of course, we're counting down to the bell. also got aetna's ceo who says his hiring plans for the new year will definitely be affected by the fiscal cliff, and get this, he also says health care costs
, the renaissance man, jeff the symbol -- jefferson, the symbol, you know, secessionists wanted a piece of him in the run-up to the civil war, frank lib roosevelt -- franklin roosevelt wanted him in the runup to world war ii. he can be used in any way you need partly because he was so articulate and so prolific. 20,000 or more letters, brilliantly written, wonderfully eloquent. so what can we make of him? this is, this ises the man, the human being we have, you know, and that's what i always want to get to. answering president kennedy's question, what was he like. in the service of trying to figure this out, i asked for and was granted permission to sleep in jefferson's bedroom one night on a pallet on the floor, i hasten to add. [laughter] and wanted to hear how the clock sounded. jefferson always said he woke when he could start to make out the hands of the clock. and the sun had not caught me in belled in more than 40 years. and i -- in bed in more than 40 years. as dean acheson once said, no one comes out second best in their memoir, whether that was actually true. [laughter] a brilliant p
schoenberger and also joining us is cnbc's jeff cox. gentlemen, great to have you joining us. do you feel we're further away? >> stepping over dollars to pick up nickels. he has no deal. you're going to see this continued, carried over into monday and even and beyond, further deeper into 2013 because even if there is a deal, you still have to look behind the curtain, the details of it, the spending cuts. how much are we talking about and the fact that the president of the united states is not willing to come to terms? >> do you feel that the president wants to go over? >> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts,
. gin me as former fbi agent jeff lanza, we want to point out he is no relation to adam lanza. security was tight at this school in connecticut. but the gunman was able to get in any way. apparently shooting his way in. is there any way to stop that? >> no place is 100% safe. schools have been in lockdown mode since columbine in terms of the locks and doors they have, buzz-in procedures. that's very important and probably resulted in a lot of people not getting hurt but the problem is, they are never 100% safe. use a gun to break open windows, break open windows other ways, get your hand in and open the door. that's what happened here. no place is 100% secure. >> what about the guns? handguns were found in the school. a rifle in his car. can stronger restrictions on guns prevent these shootings? this opens up the whole gun control debate. where do you stand on that? >> you know, i think -- uncan't make the deaths of these children and the adults to have -- to have less meaning or no meaning at all. it needs to be a legacy and the legacy is congress and the highest levels of government,
and ultimately revealed to the public. these employees from jeff north have been off work more than two years and the time has come to put the situation behind us and put focus on quality products. the president back in detroit today with scheduled visit to the daimler detroit diesel plant in redford, michigan, a different one. martha: good old-fashioned investigative reporting on this one. caught on camera moments you have to see to believe. my favor when they chuck the bottle in the woods when done drinking with it. >> reporter: you really do. as attorney, understanding the arbitration process it is hard to understand how when you see what they did, they got their jobs back. take a look at this. this is the chrysler plant parking lot where workers are on break. they were videoed several day's by fox's own rob walchek, the detroit affiliate. as a result of what he found he brought it to chrysler's attention. 13 employees fired following chrysler's investigation. two suspended 30 days. all of them back at work. check this out. roll the tape. >> hey, guys, hate to be a buzz kill, shouldn't you
's get to the futures pits. jeff killberg of killer capital. you know, you spelled capital wrong in your name. i guess that was inadvertent. how should traders position themselves? i hear some of the people that are a little mover reactionary, they say capital gains rates could go up so much between now and the end of the year, many stocks could make advances because people will be selling. >> joe, although i'm very distraught at mantea's loss to the height man, i see seller's remorse. a lot of people are worried about that and rightfully so. but additional measures as well as we see some type of resolution out of washington, you could see a nice pick up here in the s&p and that could catch some shorts on the run. >> i wonder about that. with boehner was at any time we could hear that maybe a deal is close or a deal gets made. but, i mean, capital gains no matter what are going up, aren't they? >> that's inevitable, right. and you're seeing one things in the bits here behind me, which will be very loud here this afternoon, the treasury pit is an overcrowded trader now. that was opposite
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